Wall Street had a strong week as major indices rose, with the S&P 500 up 1.62% and the STOXX 50 up 1.91%. This was largely driven by the tech sector, with the Nasdaq surging thanks to gains in tech stocks. Travel stocks also enjoyed strong gains as they recovered from pandemic struggles. Additionally, private equity firms are tapping into insurers' cash reserves to accelerate growth. The VIX and VSTOXX both fell, by -0.18 points to 18.33 and -0.53 points to 16.76 respectively.
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